Electricity prices in Jersey to rise by 2.5%

Electricity prices in Jersey will rise by 2.5% next spring.

The below-inflation tariff increase will add just over £1 per week to the bill for a typical all-electric home using around 10,000 units of electricity a year, and will take effect on 1 March 2027.

Jersey Electricity says it's balancing continued investment in the island's network with a commitment to keeping bills as affordable as possible.

The utility is investing £120million to future-proof the island's power network through the 'Big Upgrade'.

Jersey Electricity Chief Executive Chris Ambler said:

"We know that any increase in household costs is unwelcome, so we have worked hard to keep this rise below the Island’s current rate of inflation.

"We have again delayed the increase until March, which means it will not affect customers during the colder winter months when electricity consumption is generally at its highest.

"We are acutely aware of the pressures many Islanders continue to face.

"Our responsibility is to manage the business prudently, find efficiencies wherever we can and keep prices as affordable as possible for customers, while making the long-term investments needed to ensure Jersey continues to benefit from a safe, reliable and future-ready electricity network."

According to independent benchmarking, the new tariff is 17% lower than comparable UK domestic electricity prices, and 3% below the EU average.

The company continues to buy most of the island's electricity from low-carbon and nuclear and hydro sources in France, with the support of local back-up generation and continued investment in on-island resilience and renewable energy.

JE has recently signed a new four-year electricity supply deal with EDF, which will take effect from 2028.

The utility says it will provide greater flexibility in how and when electricity is bought, helping JE to manage future energy costs as demand patterns change.

Mr Ambler added:

"The new EDF agreement gives us further confidence in the long-term security of Jersey’s electricity supply and greater flexibility in how we manage future energy requirements.

"As Jersey becomes increasingly reliant on electricity, making the best use of both the energy we purchase and the network that delivers it will become increasingly important.

"Together with the investment we are making in the Island’s infrastructure, this puts us in a strong position to manage that change while continuing to provide customers with a secure and competitively priced electricity supply."

People who have concerns about their electricity bills are asked to contact JE's Customer Care team.